XXI Century Share Discussion Threads

[engelo] 21/4/2010 13:00

Didn't time my entry very well! Sp drifting ever lower. Presumably the next news will be end June results, which could take us into August? or later? Meantime patience, patience as envirovision has said.

[engelo] 20/4/2010 08:36

durby: thanks for the flow of quality info.

If I've read this right, there are some particular items (Sky, Metro, Kureni) helping KDDG's figures: if these are netted out the implication is that property values were about flat from Dec 2008 to Dec 2009.

In XXIC's case the figures we are using are June 2009 which showed a decline from Dec 2008. So a positive inference for XXIC that some of this decline might have been recovered in the second six months.

Also strong optimism for 2010 of course.

[envirovision] 19/4/2010 13:11

Yes fascinating

A writeup of its value from $89 mln to $166 mln.

[durby] 19/4/2010 13:00

Worth reading KDDG's final results that was announced today. Quote:

"The improving macroeconomic situation, positive outlook within the real estate sector and progress with several portfolio projects has allowed the Group to achieve an increased valuation of the Group's assets, undertaken by Colliers International Ukraine, of 76.5 per cent."

[durby] 17/4/2010 14:05

This is good news. IMF loan to follow. Will give a tremendous boost to the Ukrainian economy!

Russia and Ukraine agree on gas price cut

[envirovision] 16/4/2010 10:59

titm, I have a small holding of xxic and watch with interest to get in on the turn with a big stake not sure if its going to be 35p or what yet, there is a big seller in aurr at the moment but i suspect the market maker has a buyer at the current level for them due to some odd price action yesterday so although they say never catch a falling life i have now taken a very big stake there now.

Actually made a mistake mentioning rusp this is not a trading stock although i do have a very big holding of it for income, you are right RUS is the one to go for.

[traderinthemaking] 16/4/2010 09:57

envirovision, Interesting portfolio. Similar to the risky one I had.
Never was in UKRO.
Traded XXIC, made a nice profit and currently holding a fair amount.
AURR, traded, made a nice profit but not sure when I will come back in.
RUSP, never traded but traded RUS. Currently out of this one, might come back in at a later stage

TITM

[durby] 15/4/2010 16:51

Thanks envirovision, will have a look at these over the weekend.

[envirovision] 15/4/2010 10:05

I have UKRO, XXIC, AURR, RUSP, the first three i have traded and made good returns, am looking to increase on them with some expected free funds but not chosen which one yet.

With regards to ukro, xxic, aurr you certainly have to be prepared to tie funds up for a period of time, but the returns in the long run should be worth it, if your not prepared to do this avoid. All imo. I had KDDG myself at one point but sold break even to concentrate on DUPD. So i missed a 200% profit in a matter of weeks! Then again i suspect that highlights the nature of these and what i was saying about holding for the long term.

[durby] 14/4/2010 21:23

envirovision: What other Ukrainian and Russian companies you are invested in if I may ask? I bought KDDG last year around the bottom, but sold it this year after the spike to 40's. Am in AMC (nickel mining) - but is is a risky bet in case their mining licence application gets rejected.

[envirovision] 13/4/2010 18:55

XXIC has been a bit quite and indeed is quite by nature, let us know if you hear anything back then.

I have learned one thing with all my ukraine and indeed russian investments, patience patience patience and if you have that then the rewards can be fantastic.

[engelo] 13/4/2010 13:05

envirovision: many thanks for your advice. DUPD climbing steadily: possibly informed speculation about RNS which should be coming soon?

In contrast XXIC seems flat, even a bit weak: I bought a small amount at 40 this am. Have emailed the co asking about TU, fwiw!

[envirovision] 12/4/2010 15:04

news? looks like results in 3 months but unconfirmed a trading update prior is possible, you it would be best to email them to confirm this though. UKRO is a well managed fund imo.

[envirovision] 12/4/2010 15:00

Hi well not looking at cash at all, if you look at how the property of DUPD is valued its approching almost 50% discount to NAV now, whilst XXIC has a discount of almost 80% so clearly has a lot further to go than DUPD. Seems justified though since its such a different animal. If you prepared to take the higher risk your reward could be far higher here.

[engelo] 12/4/2010 14:45

Envirovision: Looking at Ukraine opps primarily because of the big political turnround. Surely should take off soon. You've got extensive knowledge in this area imo.

Which do you think is a good bet, XXIC or DUPD (or both)? Any other ideas for Ukraine exposure?

And any clue when there may be news from XXIC?

Thanks in advance, engelo.

[envirovision] 06/4/2010 15:24

The delayed £67K obvously accounting for last thursdays markup on nil volume. Clearly a buyer is back again.

14:51:25 06-Apr-2010 38.84 139 53.99 Ordinary Trade 42.00 38.00
14:34:41 06-Apr-2010 40.00 139 55.60 Ordinary Trade - delayed publication requested 42.00 38.00
14:31:00 06-Apr-2010 42.00 20,000 8,400.00 Ordinary Trade 42.00 38.00
14:30:00 06-Apr-2010 41.00 20,000 8,200.00 Ordinary Trade 42.00 38.00
14:22:13 06-Apr-2010 38.84 9,638 3,743.40 Ordinary Trade 42.00 38.00
13:38:42 06-Apr-2010 39.50 139 54.90 Ordinary Trade - delayed publication requested 42.00 38.00
13:15:00 06-Apr-2010 42.00 20,000 8,400.00 Ordinary Trade 42.00 38.00
13:14:25 06-Apr-2010 42.00 20,000 8,400.00 Ordinary Trade 42.00 38.00
11:09:25 06-Apr-2010 41.00 4,700 1,927.00 Ordinary Trade 42.00 38.00
09:39:50 06-Apr-2010 39.75 67,000 26,632.50 Ordinary Trade - delayed publication requested 42.00 38.00

[envirovision] 06/4/2010 12:07

Small rise on the back of some decent volume today.

[a75] 13/3/2010 11:23

thanks envirovision ...wil increase this week

[envirovision] 12/3/2010 11:39

Excellent, getting ready to increase my stake this end.

[durby] 12/3/2010 11:24

More good news:

S&P raises Ukraine's credit rating
By ANNA MELNICHUK , 03.12.10, 05:54 AM EST

KIEV, Ukraine --

Ratings agency Standard & Poor's has increased Ukraine's sovereign credit rating by one notch, saying reduced political risks after an election will help it raise money and access bailout loans.

Ukraine's parliament voted Thursday to appoint a new prime minister, Mykola Azarov, who is a staunch ally of new President Viktor Yanukovych. Later in the day, S&P said in a statement that it had raised Ukraine's foreign currency sovereign credit rating by to B-/C from CCC+/C.

S&P credit analyst Frank Gill said the formation of a new governing coalition and cabinet in Ukraine "has paved the way for better policy coordination and a renewal of relations with the International Monetary Fund."

Ukraine was granted a $16.4 billion bailout loan by the IMF last year. In October, the fund halted the fourth and final portion of the loan, worth $3.8 billion, demanding that the country's leadership resolve its budget crisis. Ukraine negotiated the payout of $2 billion in December, but $1.8 billion remains frozen.

Ukraine faced a political deadlock in the past few years due to a power struggle between former President Viktor Yushchenko and Prime Minister Yulia Tymoshenko.

S&P also issued a positive outlook on Ukraine's rating, which means it is likely to be raised further in the short term. The agency said it expects the new government to draft and submit the country's 2010 budget to the parliament by April 11.

Ukraine is one of the major casualties of the global downturn in Europe. Its gross domestic product fell 15 percent in 2009.

Vasyl Yurchishyn, analyst at Kiev-based Razumkov think tank, said politics have hampered Ukraine's finances, which kept Ukraine's raiting low. "Over the past couple of years power has not been consolidated, which did not allow to carry out consistent policies," he said.

Yurchishyn warned, however, that risks still remain in Ukraine's economy despite recent upbeat statistics - such as a 7.5 percent rise in GDP in January.

AP Business Writer Nataliya Vasilyeva contributed to this report from Moscow.

[envirovision] 11/3/2010 14:44

Azarov pledged to eliminate the financial problems created by the previous government, saying his main task is to redraft and get approved a realistic budget

This is excellent news, having the power to approve a realistic budget is what is going to drive ukraines recovery, its been long overdue. Fantastic, about time!

[durby] 11/3/2010 14:39

New government in place now which is good news.... 2010 Budget and IMF loans next!